KUALA LUMPUR, Oct 10 — The accounting records of the Financial Statements of the Federal Government for the year ended December 31, 2022 are adequately maintained and updated,...
1MDB’s RM2.28b went through many banks overseas before coming back to Malaysia and into Najib’s accounts, Bank Negara analyst saysAccording to a statement issued by the Auditor-General, the Financial Statements of the Federal Government give a true and fair view of the financial position of the federal government as at December 31, 2022.
The total revenue of federal government in 2022 was at RM294.357 billion, which showed an increase of RM60.605 billion or 25.9 per cent compared to 2021 . The LKAN was presented in Parliament after receiving approval from the Yang di-Pertuan Agong on September 26 and it contains 15 reports involving two at the federal level, namely the Federal Government’s Financial Statements 2022 and the Financial Statements and Compliance Auditing of Federal Agencies 2021.
For the the Covid-19 Fund expenditures in 2022 amounting to RM30.979 billion, the highest expenditure consisted of the Social Assistance Support Programme for Vulnerable Groups , and the Bantuan Prihatin Nasional programme . The Federal Liabilities amounted to RM1.399 trillion, an increase of RM94.116 billion or 7.2 per cent which saw the the Federal Liability ratio to GDP was 78.1 per cent as compared to 84.3 per cent in 2021.
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